ResiCentral, LLC (NMLS #1907538), a wholesale and non-delegated correspondent mortgage lender, today launched the ResiCentral Med Pro program, which lets physicians, dentists, veterinarians, pharmacists, nurse practitioners and CRNAs qualify on a signed employment contract and close up to 150 days before they start the job. The launch comes as about 7.5 million borrowers on the SAVE plan, whose loans had been on hold since July 2024, move to new repayment plans and start making payments again. Whether a borrower is coming off SAVE or has been paying all along, the program qualifies on the student loan payment they can document.
That documentation matters. When a borrower’s loans still show $0 or forbearance, lenders commonly count a percentage of the balance instead, often 1%. A ResiCentral analysis of published debt and pay data found that for a dentist carrying the average 2025 graduate’s debt of $297,800 and earning the national median, 1% of the balance puts student loans at about 20% of income in the debt-to-income ratio. A documented payment on the new Repayment Assistance Plan, which tops out at 10% of income, cuts that roughly in half. Veterinarians see a similar gap.
“A new repayment plan changes the paperwork. It doesn’t change the fact that a dentist or a vet or a new doctor still needs somewhere to live,” said Brian Permutt, President of ResiCentral. “What matters to us is the payment they’re actually on and the contract they’ve signed. Get us those two documents, and a broker can close that borrower before their first paycheck.”
For a dentist finishing school, a veterinarian taking a first job or a resident about to become an attending, the file usually tells an incomplete story. The income is signed for but not yet earned, the student loans are large, and the savings are still small. The Med Pro program is built to read the whole picture:
- Close before the first paycheck. With a signed offer letter or employment contract, a borrower can close up to 150 days before their start date. A borrower who closes in mid-December could have a start date as late as mid-May, and a new hire starting July 1 could close as early as February 1. For a new 1099 contract, the start date has to be within 60 days of closing.
- Residents and fellows can leave deferred loans out. When qualifying on training income, deferred, forbearance and $0 IBR payments can be excluded from the debt-to-income ratio entirely.
- The documented payment counts. A borrower who has moved to a new repayment plan can qualify on the documented payment in effect at closing. Without that documentation, loans showing $0 or forbearance are counted at 1% of the balance or the documented fully amortizing payment.
- Up to 100% with no mortgage insurance. Up to $1.5 million at a 680 score and up to $2 million at 720, with gift funds allowed for the down payment, closing costs and reserves.
- More than physicians. Dentists, veterinarians, pharmacists, podiatrists, nurse practitioners with an MSN or DNP and CRNAs with a DNAP or DNP all qualify on the same terms.
“A lot of these borrowers are in the middle of a transition: finishing training, starting a new job, or both,” said Brandie Kushman, SVP of Operations at ResiCentral. “So we underwrite to where they actually are. If they’re still in residency, deferred loans can come out of the DTI. If they’ve signed a contract, we can use it before their first day on the job. And if they’ve moved to a new repayment plan, the plan letter shows us the payment. A real underwriter reads every one of these files, and that’s how a borrower who looks thin on paper may still get to the closing table.”
The ResiCentral Med Pro program is available now to approved ResiCentral partners, with pricing in Loansifter, Lender Price, Arive and the ResiCentral Portal. Brokers can send a scenario to their ResiCentral Account Executive. Not a partner yet? Apply at resicentral.com/partner-with-us.
About ResiCentral
ResiCentral, LLC is a wholesale and non-delegated correspondent mortgage lender serving mortgage brokers and their teams. Conforming, government, jumbo and Non-QM programs all live under one roof, backed by a team that’s Built to Close. Learn more at resicentral.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261112948797/en/
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